SYM SYMBOTIC INC

Southern Glazer’s Wine & Spirits and Symbotic Announce Agreement to Implement Industry-Leading Warehouse Automation Systems

Southern Glazer’s Wine & Spirits and Symbotic Announce Agreement to Implement Industry-Leading Warehouse Automation Systems

MIAMI and WILMINGTON, Mass., Nov. 15, 2023 (GLOBE NEWSWIRE) --  (Southern Glazer's) and (Nasdaq: ), today announced they have entered into a strategic agreement and intend to deploy Symbotic’s A.I.-powered software and robotics warehouse automation systems in select Southern Glazer’s distribution centers. The companies have agreed to implement the first of these systems by 2025.

Symbotic’s end-to-end automation system, with robotic case picking capabilities, enables Southern Glazer’s to transform these distribution centers to improve fill rates, order accuracy and customer service times, while extending the capacity and useful life of its existing facilities. The Symbotic System™ will build mixed-case pallets for efficient route-stop delivery and more efficiently and accurately handle both high velocity and slow-moving inventory.

“Southern Glazer’s is excited to establish a long-term relationship with Symbotic for next-generation automation technology, which will benefit our customers, suppliers and employees,” said Bobby Burg, Chief Supply Chain Officer for Southern Glazer's. “We’re confident that our ongoing investments will continue to set Southern Glazer’s service capabilities apart in the marketplace, while enabling us to improve efficiency, as well as enhance skills, opportunities and safety for our employees.”

“This agreement reinforces Southern Glazer’s position as a leader in beverage alcohol logistics,” said Rick Cohen, Symbotic’s Chairman and CEO. “We are very pleased to welcome Southern Glazer’s as a customer and look forward to working with them to continue to transform their distribution operations.”

ABOUT SOUTHERN GLAZER’S WINE & SPIRITS

Southern Glazer’s Wine & Spirits is the world’s preeminent distributor of beverage alcohol, and proud to be a multi-generational, family-owned company. The Company has operations in 44 U.S. states, the District of Columbia, and Canada, as well as brokerage operations through its WEBB Banks division in the Caribbean, Central and South America. In 2022, Southern Glazer’s was listed as one of Forbes Best Employers for Diversity. In 2021, Southern Glazer’s was selected as a U.S. Best Managed Company by Deloitte Private and The Wall Street Journal, as well as named by Newsweek as a Top 100 Most Loved Workplace. Southern Glazer’s urges all retail customers and adult consumers to market, sell, serve, and enjoy its products responsibly. For more information visit . Follow us on Facebook, Twitter and Instagram @sgwinespirits.

ABOUT SYMBOTIC

Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. Symbotic reinvents the warehouse as a strategic asset for the world’s largest retail, wholesale, and food & beverage companies. Applying next-generation technology, high-density storage and machine learning to solve today's complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. As the backbone of commerce Symbotic transforms the flow of goods and the economics of the supply chain for its customers. For more information, visit .

MEDIA CONTACTS

For Southern Glazer's Wine and Spirits, LLC

Media:

Cindy Haas

Vice President, Public Relations

Office: (305) 625-4171, ext. 1166

Mobile: (786) 498-7640

Email: 

or

Sofia Estevez

Manager, Communications & CSR

Office: (305) 625-4171, ext. 1162

Mobile: (954) 870-1273

Email: 

For Symbotic Inc.

Media:

Kimberly Zminkowski

Director, Marketing

Investors:

Jeff Evanson

VP, Investor Relations and Corporate Development



EN
15/11/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on SYMBOTIC INC

 PRESS RELEASE

Symbotic Earns 100 Rating for Second Consecutive Year in Human Rights ...

Symbotic Earns 100 Rating for Second Consecutive Year in Human Rights Campaign Foundation’s Corporate Equality Index Back-to-back Equality 100 Awards reflect sustained commitment to inclusive culture and a respectful workplace WILMINGTON, Mass., Feb. 09, 2026 (GLOBE NEWSWIRE) -- (Nasdaq: ), a leader in A.I.-enabled robotics technology for the supply chain, today announced it has earned a score of 100 in the Human Rights Campaign Foundation’s 2026 Corporate Equality Index (CEI), the nation’s leading benchmark for LGBTQ+ workplace equality. The recognition places Symbotic among 534 U.S. ...

 PRESS RELEASE

Symbotic Reports First Quarter Fiscal Year 2026 Results

Symbotic Reports First Quarter Fiscal Year 2026 Results WILMINGTON, Mass., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, announced financial results for its first quarter of fiscal year 2026, which ended on December 27, 2025. Symbotic reported revenue of $630 million, up 29% year-over-year, and net income of $13 million, compared with a net loss of $17 million in the first quarter of fiscal year 2025. Adjusted EBITDA1 reached $67 million, up significantly from $18 million in the first quarter of fiscal yea...

 PRESS RELEASE

Symbotic Announces Date for Reporting First Quarter Fiscal Year 2026 F...

Symbotic Announces Date for Reporting First Quarter Fiscal Year 2026 Financial Results WILMINGTON, Mass., Jan. 14, 2026 (GLOBE NEWSWIRE) -- (Nasdaq: ), a leader in A.I.-enabled robotics technology for the supply chain, today announced it will release first quarter fiscal year 2026 financial results after the market close on Wednesday, February 4, 2026. The press release will also be available on the Symbotic Investor Relations website: . The company will host a live webcast to discuss its financial results for the quarter at 5:00 p.m. ET on the same date. To listen to the live webcast, ...

 PRESS RELEASE

Symbotic Announces Pricing of Primary and Secondary Offering of Class ...

Symbotic Announces Pricing of Primary and Secondary Offering of Class A Common Stock WILMINGTON, Mass., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced the pricing of its previously announced underwritten public offering (the “Offering”) of 10,000,000 shares of its Class A common stock by the Company and SVF Sponsor III (DE) LLC, an affiliate of SoftBank Group Corp. (the “Selling Securityholder”). In the offering, 6,500,000 shares of Class A common stock are being sold by the Company and 3,50...

 PRESS RELEASE

Symbotic Announces Primary and Secondary Offering of Class A Common St...

Symbotic Announces Primary and Secondary Offering of Class A Common Stock WILMINGTON, Mass., Dec. 03, 2025 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced that it has commenced an underwritten public offering (the “Offering”) of 10,000,000 shares of its Class A common stock by the Company and SVF Sponsor III (DE) LLC, an affiliate of SoftBank Group Corp. (the “Selling Securityholder”). The Company is offering 6,500,000 shares of its Class A common stock and the Selling Securityholder is offering 3,500,000 ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch